Real estate mogul Grant Cardone has announced the acquisition of 1,000 bitcoins through his company Cardone Capital. This move is part of a broader trend among companies actively purchasing Bitcoin.
Grant Cardone's Bitcoin Purchase
Cardone Capital has announced its first purchase of Bitcoin – 1,000 BTC. Grant Cardone plans to add another 3,000 BTC this year, which he states will make the company the first real estate firm fully integrated with Bitcoin.
Michael Saylor's Strategy Amid Lawsuit
Michael Saylor, founder of Strategy (formerly MicroStrategy), continues to aggressively accumulate Bitcoin despite a lawsuit against the company. According to reports, he hinted at another BTC buy, which would mark the eleventh consecutive week of purchase announcements.
Growing Corporate Interest in Bitcoin
Recent events highlight the growing interest in Bitcoin among major corporations. Companies like Cardone Capital and Strategy are demonstrating their commitment to cryptocurrency assets despite associated risks and legal issues.
The increasing interest in Bitcoin among large companies may indicate a shift in understanding this asset as an important investment opportunity.